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How did Stratton Oakmont make money?

How did Stratton Oakmont make money?

Market Manipulation: Stratton Oakmont could have made millions of dollars just by selling its customers stock in nearly worthless companies for $4 per share, but after a couple of such IPOs, investors and regulators would have caught on. Instead, Jordan Belfort used the stock market to camouflage his theft.

How much money does Jordan Belfort make a year?

However, Belfort didn’t want to admit that he asked for money in return for the rights. It was believed that his income for the last years was about $50 million to $100 million per annum, taking all his wealth and current ventures into consideration.

How much was Stratton Oakmont making?

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“In total, Stratton Oakmont bilked more than 1,500 individual investors out of $200 million. Jordan Belfort was eventually sentenced to four years in prison and ordered to pay a fine of $110.4 million. He ultimately chose to cooperate with authorities and inform on his colleagues.

How much did Jordan Belfort make at Stratton Oakmont?

Belfort made millions in the 1990s through his investment company, Stratton Oakmont. Belfort has reportedly paid $14 million of the $110 million fine against him. What is this? In the past, he’s owned a lot of fancy cars and mansions.

Did Donnie rat out Jordan?

Donnie goes to the FBI with the card to rat Jordan out, for his own appeal for a lighter sentence. Jordan is arrested and taken in for his breach in agreement, betraying Jordan’s trust. The FBI head on down to Stratton Oakmont to arrest dozens of workers and employees, as Stratton Oakmont is shut down and defunct.

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How much money did Jordan Belfort make at Stratton Oakmont?

Belfort made millions in the 1990s through his investment company, Stratton Oakmont. Belfort has reportedly paid $14 million of the $110 million fine against him. In the past, he’s owned a lot of fancy cars and mansions….

Net Worth: $-100 Million
Last Updated: 2021

How much money did the Wolf of Wall Street make?

392 million USD
The Wolf of Wall Street/Box office